WallStSmart

Acm Research Inc (ACMR)vsTeradyne Inc (TER)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Teradyne Inc generates 330% more annual revenue ($4.46B vs $1.04B). TER leads profitability with a 25.8% profit margin vs 14.5%. ACMR trades at a lower P/E of 35.1x. TER earns a higher WallStSmart Score of 79/100 (B+).

ACMR

Buy

62

out of 100

Grade: C+

Growth: 10.0Profit: 6.0Value: 6.3Quality: 8.0
Piotroski: 2/9Altman Z: 2.58

TER

Strong Buy

79

out of 100

Grade: B+

Growth: 8.0Profit: 10.0Value: 5.0Quality: 8.0
Piotroski: 4/9Altman Z: 2.98
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

ACMRUndervalued (+45.9%)

Margin of Safety

+45.9%

Fair Value

$118.24

Current Price

$72.77

$45.47 discount

UndervaluedFair: $118.24Overvalued

Intrinsic value data unavailable for TER.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

ACMR4 strengths · Avg: 9.3/10
Revenue GrowthGrowth
36.0%10/10

Revenue surging 36.0% year-over-year

EPS GrowthGrowth
180.6%10/10

Earnings expanding 180.6% YoY

Debt/EquityHealth
0.199/10

Conservative balance sheet, low leverage

Price/BookValuation
2.7x8/10

Reasonable price relative to book value

TER6 strengths · Avg: 9.8/10
Return on EquityProfitability
33.5%10/10

Every $100 of equity generates 33 in profit

Operating MarginProfitability
33.2%10/10

Strong operational efficiency at 33.2%

Revenue GrowthGrowth
103.9%10/10

Revenue surging 103.9% year-over-year

EPS GrowthGrowth
385.8%10/10

Earnings expanding 385.8% YoY

Debt/EquityHealth
0.0310/10

Conservative balance sheet, low leverage

Market CapQuality
$59.37B9/10

Large-cap with strong market position

Areas to Watch

ACMR4 concerns · Avg: 3.0/10
P/E RatioValuation
35.1x4/10

Premium valuation, high expectations priced in

Return on EquityProfitability
7.6%3/10

ROE of 7.6% — below average capital efficiency

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Free Cash FlowQuality
$-71.47M2/10

Negative free cash flow — burning cash

TER2 concerns · Avg: 3.0/10
Price/BookValuation
18.5x4/10

Trading at 18.5x book value

P/E RatioValuation
50.8x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : ACMR

The strongest argument for ACMR centers on Revenue Growth, EPS Growth, Debt/Equity. Revenue growth of 36.0% demonstrates continued momentum.

Bull Case : TER

The strongest argument for TER centers on Return on Equity, Operating Margin, Revenue Growth. Profitability is solid with margins at 25.8% and operating margin at 33.2%. Revenue growth of 103.9% demonstrates continued momentum.

Bear Case : ACMR

The primary concerns for ACMR are P/E Ratio, Return on Equity, Piotroski F-Score.

Bear Case : TER

The primary concerns for TER are Price/Book, P/E Ratio. A P/E of 50.8x leaves little room for execution misses.

Key Dynamics to Monitor

ACMR carries more volatility with a beta of 1.95 — expect wider price swings.

TER is growing revenue faster at 103.9% — sustainability is the question.

TER generates stronger free cash flow (378M), providing more financial flexibility.

Monitor SEMICONDUCTOR EQUIPMENT & MATERIALS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

TER scores higher overall (79/100 vs 62/100), backed by strong 25.8% margins and 103.9% revenue growth. ACMR offers better value entry with a 45.9% margin of safety. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Acm Research Inc

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

ACM Research, Inc. develops, manufactures and sells single wafer wet cleaning equipment to improve the manufacturing process and performance of embedded chips globally. The company is headquartered in Fremont, California.

Teradyne Inc

TECHNOLOGY · SEMICONDUCTOR EQUIPMENT & MATERIALS · USA

Teradyne, Inc. is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts.

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